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Home Sector Real Estate Summer real estate boom in Dubai to drive record sales, rentals: Report

Summer real estate boom in Dubai to drive record sales, rentals: Report

Summer 2024 saw 64,596 property sales, a 38.1 percent increase from winter and 18.1 percent from spring
Summer real estate boom in Dubai to drive record sales, rentals: Report
A new report highlights a three-year trend of rising sales and rentals during summer months.

Summer is one of the most active seasons for property transactions in Dubai, as revealed by a new report from UAE-based real estate platform Bayut.

According to figures from the Dubai Land Department (DLD), analyzed by Bayut’s proprietary systems, summer 2024 (June–September) recorded the highest volume of property sales and rental transactions for the year. There were 64,596 property sales, reflecting a 38.1 percent increase over winter and an 18.1 percent rise compared to spring. Rental activity was equally robust, with a total of 372,337 rental transactions—surpassing all other seasons. These findings are visualized and accessible through Dubai Transactions on Bayut, a real-time analytics tool that enables users to explore transactional trends across communities and time periods.

This marks a continuation of a three-year upward trend. Sales during summer 2024 rose by 37.7 percent compared to 2023, which itself had seen a 38.5 percent increase over 2022, demonstrating sustained year-on-year summer growth in both sales and rentals.

“Summer represents a busy and vibrant time for Dubai’s property sector,” said Haider Khan, CEO of Bayut. “Bayut’s data paints a very clear picture: buyer and renter interest remains strong year-round, and our tools like Dubai Transactions and TruEstimate™ are enabling smarter, faster decisions. The market is more active, more informed, and more digitally enabled than ever before.”

Read more | Dubai real estate: 61,580 new homes expected to be delivered throughout 2025

Dubai real estate

Growing preference for buying

Data-led decisions are driving buyer confidence, the report noted. The summer surge aligns with a broader trend: a growing number of residents are opting to buy rather than rent. With the support of Bayut’s suite of data-driven products, users are increasingly equipped to make informed investment choices. TruEstimate™, Bayut’s AI-powered property valuation tool, has already generated over 300,000 personalized reports, assisting users in assessing fair value before making commitments. Dubai Transactions delivers government-backed property data directly to users, highlighting recent deal values, price trends, and unit-level activity across neighborhoods.

With greater transparency and accessible insights, users are more empowered than ever to enter the market with confidence throughout the year.

According to Bayut, downtimes simply do not exist within the modern iteration of Dubai’s property sector. The market operates at a singular pace—lightning fast. As summer 2025 approaches, all indicators suggest another season of record-breaking growth.

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